Digital Health Market is expected to be $382 billion by 2025 | Cerner Corporation, AT & T, Inc., Qualcomm, Inc., Cisco Systems, Inc., Athena Health, Inc., Philips Healthcare, Biotelemetry, Inc., Lifewatch AG, McKesson Corporation

A research study titled, “Digital Health Market by Technology - Global Industry Analysis and Forecast to 2025” published by Crystal Market Research, states that the Digital Health Market is projected to be around $382 billion by 2025.

Top Most Players:
Key players operating in this Digital Health Market are Cerner Corporation, AT & T, Inc., Qualcomm, Inc., Cisco Systems, Inc., Athena Health, Inc., Philips Healthcare, Biotelemetry, Inc., Lifewatch AG, McKesson Corporation, and eClinicalWorks.

Market Opportunities:
Digital health offers more advanced and efficient healthcare services than traditional one. Increasing demand for advanced healthcare information systems propose lucrative opportunities for the expansion of digital health market. Remote monitoring services are changing the way health monitoring was perceived traditionally. The home healthcare segment also has enormous scope for the development of advanced innovative products with a rising demand for these products globally. Health analytics is a rapidly growing segment which is expected to see consistent innovations backed by investments from governments as well as large market players.

Industry Trend Analysis:
Digital health is transforming patient care into a more convenient and responsive process coordinated with the patient’s need. Digital health systems segment dominated the global market in 2016. EHRs and e-prescriptions allow access to a more in-depth evaluation of patient records enabling physicians to reach to a more accurate diagnosis. In case of an emergency, EHR can provide critical and lifesaving information quickly to emergency care providers. E-prescriptions prevent handwriting errors and provide both physicians and pharmacists with easy access to prescription history of patients. This can largely help reduce the chances of dispensing wrong drugs. According to the FDA, medication errors harm approximately 1.3 million American citizens annually.

In 2017, Nokia expanded its digital health portfolio by launching the Withings brand of connected health products. It also announced the introduction of a HIPAA compliant Patient Care Platform which will assist doctors to remotely monitor their patients.

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Table of Contents:
1. Introduction
2. Executive Summary
3. Market Overview
4. Digital Health Market, By Technology
4.1. Introduction
4.2. Global Digital Health Market Assessment and Forecast, By Technology, 2016-2025
4.3. Telehealthcare
4.4. mHealth
4.5. Health Analytics
4.6. Digital Health Systems
To be continued...

Regional Outlook and Trend Analysis:
North America dominated the global digital health market in 2016, due to various programs adopted by different organizations (such as American Health Information Community and the American Orthopedic Society for Sports Medicine)offering sports medicine fellowships for conducting research to develop innovative products. Due to the adoption of HITECH act in 2009, the U.S. has witnessed tremendous advancements in digital health innovations. The European market is an attractive segment for the global players due to increasing number of chronic disorders in this region. Germany has seen a substantial growth in digital health market. In 2015, the E-Health Law was approved in Germany to improve the interoperability in different healthcare IT systems. Due to increasing geriatric population, Europe and China hold attractive opportunities for growth of digital health products.

List of Figures:
Figure 1.Global Digital health Market Share, By Technology, 2016 & 2025
Figure 2.Global Digital Health Market Share, By Region, 2016 & 2025
Figure 3.Cerner Corporation: Net Revenues, 2014-2016 ($Million)
Figure 4.Cerner Corporation: Net Revenue Share, By Segment, 2016
Figure 5.Cerner Corporation: Net Revenue Share, By Geography, 2016
Figure 6.AT&T Inc.: Net Revenues, 2014-2016 ($Million)
...

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Key Findings of the Research Study:
Digital health systems segment dominated the overall market in 2016. This significant share can be attributed to a rise in adoption of EHR and e-prescription technologies by healthcare professionals to improve the quality of patient care.

U.S. held the largest share of the North American digital health market, owing to the increased penetration of digital health technologies such as health based mobile apps in the country.

Emerging countries such as India and China will experience a surge in digital health market growth as a result of favorable government initiatives to promote digital health research and development and high focus on technological advancements in medical devices.

mHealth market will grow with the fastest CAGR over the forecast period due to rising smartphone penetration worldwide.

List of Tables:
Table 1.Global Digital Health Market, By Technology ($Million), 2016-2025
Table 2.Telehealthcare Market, By Type ($Million), 2016-2025
Table 3.Telehealthcare Market, By Region ($Million), 2016-2025
Table 4.Telecare Market, By Type ($Million), 2016-2025
Table 5.Telecare Market, By Region ($Million), 2016-2025
...

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About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.

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